LAMEA Negative Pressure Wound Therapy Market

LAMEA Negative Pressure Wound Therapy Market Size, Share & Trends Analysis Report By End-Use, By Product, By Type (Pressure Ulcers, Diabetic Foot Ulcers, Venous Leg Ulcers, Burn Wounds, and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19676 Publication Date: January-2024 Number of Pages: 105
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Market Report Description

The Latin America, Middle East and Africa Negative Pressure Wound Therapy Market would witness market growth of 8.1% CAGR during the forecast period (2023-2030).

NPWT is employed in the fixation of flaps and grafts, promoting their adherence and viability. By applying negative pressure to secure these tissue transfers, NPWT helps reduce the risk of graft failure, ensuring successful integration and wound closure. Orthopedic surgeries, like joint replacements and spinal procedures, often involve extensive incisions and potential complications. NPWT aids in orthopedic wound management by facilitating optimal healing conditions, reducing the risk of infections, and supporting the recovery of patients undergoing these procedures.

NPWT is often used as a bridge to definitive wound closure, allowing healthcare providers to manage complex wounds over an extended period. This approach is especially beneficial in cases where immediate closure is not feasible and staged wound management is required. NPWT is utilized in the management of wounds associated with peripheral arterial disease. NPWT contributes to limb salvage efforts in patients with compromised vascular circulation by promoting tissue perfusion and supporting angiogenesis.

NPWT has been increasingly adopted in hospitals, clinics, and wound care centers across the UAE. The UAE has invested significantly in developing advanced healthcare infrastructure, including adopting cutting-edge medical technologies. Ongoing advancements in NPWT technology, including the development of portable and user-friendly devices, contribute to the accessibility and ease of use of NPWT in healthcare settings in the UAE. Additionally, Venous leg ulcers are a significant health concern globally, and their prevalence tends to increase with factors such as aging populations, sedentary lifestyles, and the presence of venous insufficiency in Saudi Arabia. As these factors become more prevalent in Saudi Arabia, there is a subsequent rise in the incidence of venous leg ulcers. Therefore, due to these aspects, the market will expand across the LAMEA region in the coming years.

The Brazil market dominated the LAMEA Negative Pressure Wound Therapy Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $77 million by 2030. The Argentina market is showcasing a CAGR of 8.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.8% during (2023 - 2030).

Free Valuable Insights: The Worldwide Negative Pressure Wound Therapy Market is Projected to reach USD 3.7 Billion by 2030, at a CAGR of 6.3%

Based on End-Use, the market is segmented into Hospitals, Homecare, and Others. Based on Product, the market is segmented into Conventional NPWT, and Single-use NPWT. Based on Type, the market is segmented into Pressure Ulcers, Diabetic Foot Ulcers, Venous Leg Ulcers, Burn Wounds, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • 3M Company
  • Talley Group Ltd. (Direct Healthcare Group)
  • Smith & Nephew PLC
  • Molnlycke Health Care AB
  • DeRoyal Industries, Inc.
  • ConvaTec Group PLC
  • Cardinal Health, Inc.
  • HARTMANN Group (Paul Hartmann AG)
  • Cork Medical, LLC

LAMEA Negative Pressure Wound Therapy Market Report Segmentation

By End-Use

  • Hospitals
  • Homecare
  • Others

By Product

  • Conventional NPWT
  • Single-use NPWT

By Type

  • Pressure Ulcers
  • Diabetic Foot Ulcers
  • Venous Leg Ulcers
  • Burn Wounds
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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